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How I Bootstrapped to $20m By Acquiring Competitors, Increasing Price, and Optimizing Our Org Chart

Launched in 2018 with no VC and 100% founder equity: the acquisitions, pricing and org design behind it

Chris Federspiel · Blackthorn

Published March 15, 2023
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  • This 105 FTE Org Chart Generates $15m+ of Revenue

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About the speaker
Chris Federspiel

Chris Federspiel

CEO · Blackthorn

Chris Federspiel is the CEO and Co-founder of Blackthorn. He is a graduate of the George Washington University. He loves cycling and lives to make things easier, including, as he says, “I get annoyed by squeaky doors that need WD-40.” He has a simple philosophy regarding what he does — “If we can build something that’s remarkably easier to use, while delivering far more value to customers, that’s a great thing. We’ll love it, customers will love it, and we’ll all benefit.”

Company revenue
$16M
Team size
88

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